yeah its soft around here too

 

would have, could have, should have?



Dammit, why didnt our resident REAL ESTATE PROFESSIONAL warn you?

 

its good to be the boy in the bubble.

 

It isnt even that, I knew it was going to **** and I knew it was going to be soon, problem was I didn't plan on moving, so it didn't really effect me. here i am not looking at selling as the market ****.... ahh good times.







Now they are talking about adding at lleast another $200 a year to our taxes for sidewalks. i have no idea how retired people can afford to live here with the rediculous taxes.

 

John Travolta was "the boy in the bubble"!!!

 

my taxes last year were $514!!!

 

 

housing here is INSANE



your typical rancher on 1 acre is selling in the 500-600's



my 'rents bought their last place at 730,000 and sold it for 1.85M 5 years later!



the new house is even crazier...

 

my parents bought their house in 1974 for either 40k or 75k (depends on which one you ask, nobody really knows), and a couple years ago, a house down the street went for 5million.

 

Colorado Springs is about to get real soft. Its was a great area a few years ago with all the growth, and military population. But too many people got into the game and drove the prices, in my opinion too high for the market. I think the prices will level off or slightly decline during the next year or so. But the areas on the edge of the city are growing fast, they might still climb. I hope they still climb, I was thinking of going into real estate, and making some investments in it. Now I have to see what is going to happen here.